简体中文
ภาษาไทย
繁體中文
Indonesia
USOil: bulls move up
2022-12-01
1066
Fundamental analysis:
Crude oil remained volatile around 80.395. The U.S. EIA crude oil inventory for the week to November 25 was -12.58 million barrels, expected to be -2.758 million barrels, and the previous value was -3.69 million barrels. Crude oil inventories in Cushing, Oklahoma -415,000 barrels, the previous value -887,000 barrels.
Crude oil USOil - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the momentum of low-level bulls keeps oscillating and moving up, and the overall bullish sentiment in the market emerges. In the short term, you have a continuous upward trend. The MACD indicator is hovering above the 0 axis, and the RSI indicator is on the side of the 50 balance line.
Long-short turning point: 79.939
Suppression: 81.302, 82.235
Support: 79.107, 78.304
Trading strategy: Bullish above 79.939, target 81.302, 82.235
Alternative strategy: bearish below 79.939, target 79.107, 78.304
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
